Any updates on Wade Park?

Mateo

Senior Member
#24
Update on Wade Pit:

"Grand opening is now set for spring 2018, with our featured retail, restaurants, entertainment venues, office, residential, and both hotels -- the luxury Langham Hotel & Resorts hotel and boutique Hotel ZaZa -- now slated to open around the same time," he said. "We are wrapping up on the site work and utilities for the entire project, and materials are on the way for us kick-off vertical construction by the end of the year."

https://www.dallasnews.com/business/...w-lane-tollway

Spring 2018?!? Less than 4 months away. I have my doubts.
 

Opus

Silver Member
#28
Well, July is almost over and no news. I did see that Jerry is now planning another $1.5 billion in development around the Star. Also somewhere in that area they are going to build "Music City" which sounds like it will be similiar to the Toyota Music Factory in Irving.
 

Invader

Silver Member
#29
Well, July is almost over and no news. I did see that Jerry is now planning another $1.5 billion in development around the Star. Also somewhere in that area they are going to build "Music City" which sounds like it will be similiar to the Toyota Music Factory in Irving.
"Wade Park was pitched as the biggest of the projects along Frisco’s heavily marketed (but now defunct) $5 Billion Mile
What Frisco's floundering $2 billion Wade Park development says about the D-FW economy | Real Estate | Dallas News
 
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MSJ

Triple Platinum
#30
Some of the same people that were involved with City Place were also involved with Team Legacy. Jerry had the Star and a company that has a history of getting in over it's head was trying to develop Wade Park. The problem is with the developer of Wade Park.
 

Invader

Silver Member
#39
The Lost And Empty Wade Park Project In Frisco Has Its Sea Legs Again With Original Lender The vision for the Wade Park development in Frisco started out with high hopes, until the project fell into foreclosure after a series of liens were filed against the original developer. All that was left after the project stalled was a large, cement-covered indenture that was supposed to support subterranean parking to accommodate traffic for a major mixed-use hotel, residential and office development. The project is back in the hands of its lender, Gamma Real Estate, which said Thursday it has high hopes for a quality development at the same site. “I believe we are going to see activity starting in the not-too-distant future, but again I want to make sure the plan we have for it is the optimum one and not one that’s just rushed," Gamma Real Estate President Jonathan Kalikow said. Kalikow told the crowd that Gamma has no plans to pick a developer or partner without ensuring it first understands how to create a product consistent with Frisco's vibe. “It really has to be quarterbacked by folks who share that Frisco vision and who understand the value that is coming," Kalikow said. "I really think [Frisco] is Plano in 1971, and we have seen how that worked out. It’s not for the folks who are looking for a project because they need to take their money out of Europe where they have negative interest rates and invest it positively in the U.S. "You really need people who believe in the Frisco growth story, who can see it and who really know what this community needs."

Read more at: Platinum Corridor's Future: Flying Ubers, Plans For Wade Park, Luxury Office Buildings And A Bustling Galleria Area